Economy
Thailand Increases Fuel Prices by 0.85 Baht per Liter
The Oil Fuel Fund Office (OFFO) has announced a nationwide price hike for all fuel types, effective September 15, 2026, citing global market volatility.
According to a report by Thai Post on September 14, 2026, the Oil Fuel Fund Office (OFFO) has officially announced an increase in the retail price of all fuel types across Thailand. The adjustment, set at 0.85 baht per liter, will take effect on September 15, 2026.
The decision follows a period of sustained volatility in global oil markets, which the OFFO attributes to the ongoing conflict in the Middle East. The office indicated that it can no longer sustain the previous price levels, necessitating this upward adjustment to manage the national fuel fund effectively.
For residents and travelers in Thailand, this change will likely result in higher transportation costs, including potential increases in taxi fares, public bus operations, and private vehicle travel expenses. Those planning road trips or relying on ride-hailing services should anticipate a slight rise in daily travel budgets.
While the price hike is confirmed for implementation on September 15, the duration of this increase remains uncertain. It is currently unclear how long these elevated prices will persist or if further adjustments will be required depending on the evolution of the geopolitical situation in the Middle East. Travelers are advised to monitor local news for any subsequent updates regarding fuel market stability.
